What Benefits you can Get from Investment Banking?

You need to get into the list of Top Tips regarding banking in Dubai. First of all make sure the bank has an ATM machine next to your home or office, which would be a plus point. You don’t need to get into any trouble for cash at the spot. Also in case you want to get some minimum, you can easily avail of this option. You don’t have to go too far just to withdraw Dh100 for grocery or other small expenses. But before you jump right in and make that call about a certain bank, keep one thing in your mind that either it can provide investment banking solutions or not? Along with the above mentioned query, you first need to consider a few things about yourself which is very important:

·     Can you explain your reason for stay in UAE or are you a resident here? One more thing do you work for a company as an employee and earning a handsome salary package?

·       Are you a resident and do you have your own business with multiple options?

Once you have identified which of these two categories you fall into, you can choose a special bank for your all tasks. I can make it easier for you as you can proceed to the relevant section below. For example moving with the first condition as a resident working for a company as an employee, you can choose a bank with salary transfer account. Ask your company which bank they work with because the relative bank with entertain you in a more comprehensive way but within an economical budget. It’s often better to bank with your company bank so that your salary will hit your bank without any extra charges. You can collect your amount at the same day as it is credited and don’t need to wait for few days. Other banks will take at least two working days for your salary to reflect in your account.

While on the other hand if you are resident and working as a trader or an investors then investment management companies in Dubai can help you with lots of perks. Some of the blogs you have read will make it complicated and without any vaguely bureaucratic procedure in the UAE, we will try to cover your basic needs using this important information. Our advice is to have every document you possess and which is required by your bank. Although private firms can give you some relaxation but these are not much secured as Dubai banks. With copies of all your documents in a file, you can approach any bank and ask for some priority based services like wealth management, investment banking or credit card options.

Conclusion

The choice of a bank can be evaluated using the above mentioned two points and I think everyone can get some help form the given information. For best offers, Mashreq Bank is a good choice for majority of the expatriates and international traders as well.